Concerned about recent bank financial failures?  Your aging parent may be too, but they might not tell you. When you’re on a fixed or reduced income, every penny counts.

In this episode, my guest, Philip Van Doorn from Market Watch explains, simply, how to calm your parents’ fears and help them protect their assets.  We also talk about finding additional ways to earn money on their deposits and how to find extra dollars for them.  We also cover how to make sure that their investment brokerage is safe and what to look for. Yes, every dollar counts!   

This episode focuses on your, your parents, and your family’s best interest. Financial interest, that is. 

Special note: Philip is also a caregiver and helps to care for his dad.

Helpful links:

• FDIC information about your insured deposits
• Credit Union protection information 
• SPIC brokerage insurance and your coverage
• WSJ article about bank collapses and brokerage accounts

#marketwatch @philipvandoorn #money #costofcare @marketwatch

GUEST: Philip Van Doorn is an investment analyst and columnist for MarketWatch. He's known as a "rare find" with the exceptional skill of being able to take complex issues and translate them into everyday language. It's a privilege to have Philip as one of our guests on the show.

Host:  Nancy May, Author of How to Survive 911 Medical Emergencies, Step-by-Step Before, During, After!  is an expert in managing the path of step-by-step caring for aging parents, even from over 1200 miles away. For a free, fillable File-of-Life go to www.howtosurvive911.com. Nancy is also the Co-Founder of CareManity LLC, and the private FaceBook group, Eldercare Success.

Disclaimer: The views, perspectives, and opinions expressed in this show are those of the show guests and not directly those of the companies they serve or that of the host or the producer CareManity, LLC. The information discussed should not be considered or used as medical, legal, or financial advice. Please seek the advice of your own medical, legal, or financial advisors as each person’s situation differs. (c) Copyright 2023 CareManity, LLC all rights reserved.

CareManity and Eldercare Success are trademarks of CareManity, LLC. "There is a Better Way" is a Service Mark of CareManity, LLC